I would have considered it something to remember in case I saw more on it, like most extreme forecasts like this, accept that Forbes wrote about it a month or so ago, and all the logic checks out as far as my knowledge and past reading goes.

Basically, trillions of dollars the US printed during the recession will suck into the economy causing hyper-inflation and a 90% stock market loss. Forbes said it'll happen when Interest Rates start going up.

It will happen as soon as the FED starts tapering QE. The economy is stagnant, but is being kept afloat by giving cheap money to the banks to keep the interest rates from rising like they should. The tapering may not happen for a while because the stock market will crash shortly after it is announced -- and no one in charge of monetary policy right now wants to be held responsible when this inevitable crash occurs.

I think the last time the FED announced they were going to taper QE, the Dow plummeted nearly 700 points. Bernanke quickly revoked the policy.

At 10/31/2013 3:28:57 PM, 1Percenter wrote:It will happen as soon as the FED starts tapering QE. The economy is stagnant, but is being kept afloat by giving cheap money to the banks to keep the interest rates from rising like they should. The tapering may not happen for a while because the stock market will crash shortly after it is announced -- and no one in charge of monetary policy right now wants to be held responsible when this inevitable crash occurs.

I think the last time the FED announced they were going to taper QE, the Dow plummeted nearly 700 points. Bernanke quickly revoked the policy.

Not a good sign at all.

Someone mentioned that when the interest rates increase, it'll suck trillion of investment dollars back into the US, causing the inflation.